QUESTION: Mr. Armstrong; It is becoming very obvious who China is listening to. You said China should bypass the NY banks and go directly to the Treasury. They did. They used QE to shorten their US debt holdings. They did. Now on Friday they have relaxed the one-child rule as you said they had to […]

Politicians are preparing for the worse everywhere you look. We forget so quickly that the American Revolution slogan was what – No Taxation Without Representation. Germany will not allow democratic referendums precisely the same move of King George III that set off the American Revolution, Homeland Security bought 2715 tanks for domestic use and enough […]

QUESTION: In your writings you seem to be both against QE and against Austerity. What then is the third way? How do we get out of this high debt, high deficit, low growth cycle without using either of these methods or a collapse and reboot? On a side note I was curious if you were […]

China has vowed to push toward free markets and to allow them to take a more dominant role in developing the economy – its reform for 2020. When I was invited by the Central Bank of China back in 1997 and was given a tour of a major facility where they were monitoring everything that […]

The Swiss are known for their frugality. When it comes to executive pay, they are voting on executive pay being limited to 12 times that of the lowest paid employee. This will be a first step in this direction as a matter of law. It reflects the rising tide of socialism as we enter the […]

COMMENT: Dear Martin Armstrong, Being a fund manager and with several bigger and commercial clients a commodity hedger, I truly admire your work. Not only that, our research, even by other methodology foremost pattern recognition and cross pattern recognition and liquidity flow detection – comes to very similar results as your calls, but we do […]

PIMCO lost the mantle of the largest fund as capital withdrawals reached $38 billion this year as money moves to equities. The largest fund is now Vanguard. This is part of the cycle shift. While there is likely coming a near-term correction, everything is still pointing to capital flight from bonds and banks into equities. […]

  QUESTION: You said gold trades in bursts? This seems to explain the nonlinear patterns you speak of. Is this correct? ANSWER: All commodities, including gold, trade substantially different than stocks or real estate, which is the slowest moving asset of all until the final 2 years. Pictured here is wheat back to 1200. Note […]

QUESTION: “… can you please comment on how an equity like IBM has “STRONG” , in dark green for the weekly….And has “MOVING HIGHER” in Lt Red for the monthly?” ANSWER: With GMW you must understand that this is dissecting every market according to time. You can have a market that is bullish daily and weekly […]

QUESTION: Mr. Armstrong could you comment on Say’s Law and the existence of money? Some claim that the General Theory proved that Says’s Law is incorrect. Yet how can one satisfy his desire (desire is a want, demand is a satisfaction of that want) if he does not produce in surplus? ANSWER: Say’s Law effectively stated […]